Goldman Sachs analyst Mikhail Butkov downgraded Eurobank (EGFEY) to Neutral from Buy with a price target of EUR 2.80, up from EUR 2.50. The firm cites a combination of valuation and increased net interest margin sensitivity following the acquisition of Hellenic Bank of Cyprus for the downgrade.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.